Waterfront Miami Beach double-lot previously linked to Zach Vella sells for $25M
A waterfront double-lot on the Venetian Islands in Miami Beach sold for $24.5 million, signaling increased interest in undeveloped residential land. The property, previously tied to developer Zach Vella, sold with plans designed by SAOTA for an 11,000-square-foot mansion, according to the listing. Records show 228 West Dilido, a Delaware LLC managed by attorney John Penson, sold the half-acre site at 228 and 302 West Dilido Drive. Penson’s name also appears as the lender’s representative under Miami Beach-based Asset Recovery Services. Vella planned to develop the SAOTA-designed home. The approved plans include a six bedrooms, eight bathrooms, four half-baths, a […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
South Florida Dirt: Inside the first week of broker George Pino’s trial
From “Pompa-no to Pompa-now”: Mapping Pompano’s latest development boom
$17M in escrow funds gone overnight: Palm Beach law firm sues bank over cyber attack
Billionaire Paul Singer’s hedge fund, LHCG buy hotel from Brookfield for $69M
Rivani sells waterfront Palm Island home to Jose Mas, partners for $25M
Todd Boehley’s Eldridge in talks to lease at OKO, Cain’s 830 Brickell
South Florida’s top deals: Rubells sell more property to Neology for $10M
Make outdoor space easy for buyers to love
May inflation jumped, but economists say the details offer buyers a steadier picture
Realtors press housing priorities in D.C.
